Showing 1 - 10 of 456
This paper studies envy-free allocations for economies with indivisible objects, quasi-linear utility functions, and an amount of money. We give a polynomially bounded algorithm for finding envy-free allocations. Connectedness of envy-graphs, which are used in the algorithm, characterizes the...
Persistent link: https://www.econbiz.de/10005369381
Persistent link: https://www.econbiz.de/10005371022
Persistent link: https://www.econbiz.de/10005375543
Persistent link: https://www.econbiz.de/10005375712
Persistent link: https://www.econbiz.de/10005409069
Persistent link: https://www.econbiz.de/10005413559
Persistent link: https://www.econbiz.de/10005413775
We experimentally investigate in the laboratory two prominent mechanisms that are employed in school choice programs to assign students to public schools. We study how individual behavior is influenced by preference intensities and risk aversion. Our main results show that (a) the GaleShapley...
Persistent link: https://www.econbiz.de/10011132915
We consider one-to-one, one-sided matching (roommate) problems in which agents can either be matched as pairs or remain single. We introduce a so-called bi-choice graph for each pair of stable matchings and characterize its structure. Exploiting this structure we obtain as a corollary the...
Persistent link: https://www.econbiz.de/10011202034
We consider two-sided many-to-many matching markets in which each worker may work for multiple firms and each firm may hire multiple workers. We study individual and group manipulations in centralized markets that employ (pairwise) stable mechanisms and that require participants to submit rank...
Persistent link: https://www.econbiz.de/10010828284